PracticeAuditPeter Wyman leaves PwC

Peter Wyman leaves PwC

Man who defended profession throughout the Enron scandal leaves PwC

Peter Wyman, the accountant who helped shepherd the profession through the
Enron scandal, retired yesterday firm Big Four firm PricewaterhouseCoopers.

Wyman served as special adviser on taxation and deregulation to the
under-secretary of state for corporate affairs between 1993-94, a member of the
Deregulation Task Force between 1994 – 97 and external overseer of the Inland
Revenue/Contributions Agency Joint Working Programme between 1995 – 98.

He was also President of the ICAEW during the aftermath of the Enron scandal
between 2002-03 and was a member of numerous other committees and working
parties, including chairman of the Professional Standards Office (1999-2000) and
Deputy Chairman of the Financial Reporting Council.

He received the 2006 Institute of Chartered Accountants’ Award for
Outstanding Achievement, the profession’s highest award, and was also awarded a
CBE in the Queen’s Birthday Honours for services to the accountancy profession.

Ian Powell, PwC UK Chairman and senior partner described Wyman as a “an
extremely influential and well respected figure”

“In the aftermath of the Enron/Andersen collapse Peter’s leadership of the
profession as ICAEW president was outstanding and stands apart,” he said.

“The audit profession remains the subject of significant scrutiny and we will
be building on Peter’s legacy of communicating openly and honestly about the
value that the profession brings to the economy and society more broadly.”

Related Articles

KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

2m Emma Smith, Managing Editor
FRC closes investigation into PwC over Barclays compliance

Accounting Firms FRC closes investigation into PwC over Barclays compliance

2m Alia Shoaib, Reporter
PwC to audit BBC pay policies following gender pay gap outrage

Accounting Firms PwC to audit BBC pay policies following gender pay gap outrage

3m Alia Shoaib, Reporter
PwC to take over from Deloitte as Diploma auditor

Accounting Firms PwC to take over from Deloitte as Diploma auditor

3m Alia Shoaib, Reporter
Deloitte rises in auditor rankings with most FTSE 250 clients

Accounting Firms Deloitte rises in auditor rankings with most FTSE 250 clients

3m Alia Shoaib, Reporter
Latest Big Four auditor changes

Audit Latest Big Four auditor changes

4m Alia Shoaib, Reporter
PwC fined a record £5.1m by the FRC over RSM Tenon audit

Audit PwC fined a record £5.1m by the FRC over RSM Tenon audit

4m Alia Shoaib, Reporter
Toshiba narrowly escapes delisting as PwC finally signs off on accounts

Audit Toshiba narrowly escapes delisting as PwC finally signs off on accounts

4m Alia Shoaib, Reporter